SEC Filing Summary for Heritage Commerce Corp (HTBK)
This filing details a significant corporate event for Heritage Commerce Corp (HTBK), specifically its merger with CVB Financial Corp. (CVBF) on April 17, 2026. As per the merger agreement, each outstanding share of Heritage Commerce Corp common stock was converted into 0.65 shares of CVBF common stock. Additionally, all outstanding restricted stock unit awards vested and were converted into CVBF common stock based on the same exchange ratio. This transaction involved the disposal of 4,916 shares of common stock, 31,059 restricted stock units, and 9,290 performance-based restricted stock units, with all transactions occurring at a price of $0.0 per share. The filing was made by Janisha Sabnani, EVP/General Counsel/Corp Sec of Heritage Commerce Corp.